Yearly Cost Per RNTotal For Year3-Year Total
Staffing Cost
Direct-Hire Cost

*This does not include revenue lost by your facilty due to empty beds caused by nursing shortage 

It take an average of 112 days to hire a new nurse

Average cost to hire RN is over $40,000 

The average travel nurse cost for a hospital is $120/hour

Hospitals lose a minimum $5 million per empty bed per year. 

Nursing Home: if a nurse oversees 10 patients = $1.8 million a year is lost.